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Janice
Janice P., from the village of Tigbao, Sindangan, Zamboanga del Norte, is 24 years old, married and does not yet have children. To make a living, Janice raises chickens and works as a private teacher. Engaged in her business for two years, she earns approximately 3000 PHP a month.



Janice joined PMPC to gain access to financial services to help improve her living situation and ability to engage in business activities. Now requesting a loan of 10000 PHP to purchase additional inventory and use as working capital, she plans to use the additional revenue generated from the business to improve/expand her enterprise.



About PMPC:

Paglaum Multi-Purpose Cooperative (PMPC is one of the most progressive cooperatives in northwestern Mindanao. It reaches out to the rural poor using the Grameen model.



*Note: To maximize efficiency and reduce costs, this loan was posted using a template to automate the translation by Kiva. Given that manual translation of entrepreneur profiles is costly, Kiva created this template for our Field Partners to allow them to continue to post loans in English while providing quality and accurate information to Kiva lenders.

Additional Information

About Paglaum Multi-Purpose Cooperative

Paglaum Multi-Purpose Cooperative (PMPC) was founded in 1992 by the beneficiaries, parents and staff of the Paglaum Community Development Foundation to address economic and livelihood activities for sustainability. The organization operates in the northwestern provinces of Mindanao and Visayas.

In the local vernacular, “paglaum” means “hope.” The initial foundation is dedicated to child development through a holistic approach. The goal is to build self-reliance and expand opportunity so the poorest of the poor can help themselves.

About Philippines

  • $1175
    Average annual income
  • 496
    View loans »
    Philippines Loans Fundraising
  • $50,987,600
    Funds lent in using Kiva
  • 45.4
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Janice to buy more chickens to raise.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 3, 2010
Listed
Aug 3, 2010
Currency Exchange Loss:
Possible
Ended:
Jul 15, 2011